Alliance Insurance Brokers, an insurance service provider, risk manager and reinsurance broker has joined hands with doorstep delivery company, Dunzo to provide insurance security to its national network of delivery partners. Through this initiative, Alliance Insurance Brokers is providing insurance protection to almost 20,000 delivery partners, insured on a daily basis, while they are active on the platform.
In case of any accident, the policy offers a benefit of Rs 500,000, which includes important aspects like children’s education, business loss reimbursement, accidental hospitalisation expenses, etc. There is also an OPD (Outpatient Department) component to it, wherein the delivery partners receive insurance protection in case the accident does not require hospitalisation and can be treated through OPD consultation and medication.
Dunzo’s delivery partners also receive coverage for the loss of income, during the time period of their hospitalisation and quarantine as a result of Covid. They receive insurance benefits, per day, based on the number of days hospitalised (subject to the consent of the maximum number of days).
“With this initiative, we are reaching out to thousands of delivery partners every day and ensuring that they are financially protected during their duty. There is a huge sense of satisfaction, in financially protecting this segment of society, who work relentlessly to get our essentials delivered, everyday," said Arvind Sharma, associate director and business head – Bengaluru, Alliance Insurance Brokers Pvt. Ltd.
"We are looking at more such channels and opportunities, where we can provide a financial safety net to delivery boys, riders and drivers who really need that insurance protection. Insurance is one of the most important financial needs for any individual, especially for the ones who do not have the capacity to protect themselves financially,” he added.
“Delivery partners are an integral part of Dunzo’s growth. The partnership with Alliance Insurance Brokers is a natural progression to support delivery partners in their times of need,” observed Ankit Shah, AVP, City and Supply Operations at Dunzo.
Dunzo has sponsored the entire premium for their esteemed delivery partners and Alliance Insurance Brokers to ensure a smooth end-to-end insurance process and facilitate insurance coverage. Rs five lakh is provided as insurance cover for death, along with Hospicash/Loss of Income, OPD, child education, accidental hospitalisation expenses, etc.